Trade union members, government and the jute industry representatives are meeting on 15th December, to resolve issues which have led to the ongoing strike in the majority of jute mills in Bengal.
Meanwhile, the indefinite strike by jute mill workers continued to cripple work on the 12th successive day on Friday.
The mill owners are yet to reach on an agreement with workers to end the deadlock.
The collective loss of the jute industry is likely to be around Rs 1,000 crore, according to rough estimates by the Indian Jute Mills Association (IJMA).
"Trade unions, government and the mill workers are meeting on the 15th of this month to resolve the deadlock," Sanjay Kajaria of Indian Jute Mills Association (IJMA) told Business Standard.
Nearly 2.5 lakh jute mill workers and four million jute growers have been hit by the strike, according to a statement issued by IJMA.
"The industry is confronted with an unwarranted and unpleasant situation where 18 trade unions, barring the Citu affiliate Bengal Chatkal Mazdoor Union (BCMU) , controlling the bigger part of the jute mill workers, have gone on strike on issues pertaining to enhanced dearness allowance and other worker benefits," earlier Kajaria had said.